Semi-weekly south Kentuckian. [volume] (Hopkinsville, Ky.) 1883-1889, 1887-10-14
WALL STREETS KING.
Jay oould's Personal characteristics and
Financial Methods.


Gently been pictured, although people
who know him will say that he has not
very many years to live. His vitality,
though, is something wonderful. He
"picks up" quickly.
The greatest effort Of his life was his
deal in Union Pacific. 1t was make or
break him. Nearly every one who was
associated with him thought that he
would die before he could carry out his
plans. His efforts were successful, and
then came the rest which brought him
relief.
1t is said that Mr.. Gould's principal
trouble is due to over-eating. He takes
too much food for a man of his size. II
he could curb his appetite he might
know what good health is. Neuralgia
haunts him like q specter. 1t now at
tacks him principally in the face. He
is afraid of its extending to the stomach
and heart, in which case fatal ter
mination would be feared. He takes no
exercise beyond what he gets in attend
ing to his business. He runs up and
down stairs in the big Western Union
building. but his activity in business is
of a nervous description that is eX-
haustive instead of healthful. His face
is like piece of putty in hue. How he
is able to stand the great strains that
he is subjected to is something that
puzzles himself tina doctors and every
,hn,lv who knows him. His tremendous
will.nower is perhaps the best explana-
ton. He is able TO hold mn when other
men would take To their beds.
Mr. Gould,s fondness for his family is
most laudable. He derives more pleas
ure from the home circle than from any
thing else In fact ho cares for little
also than the societv of hi, wife and
children. Horses or sports he takes no
interest in. He bought his steam Yacht
as mnch for seclusion as any thing. He
does not use tobacco in any form. and
liouor only as n stimulant. and then in
the smallest quantity. He ALWAYS
dresses we'll but not obtrusiyely. He
is of a most retiring disposition. He
pevar made Int two sneeches in his life.
and thew were very brief In conversa-
tion he il unas,uminp as in his manners.
He is A better listener than talker,
although he has a remarkably impress
sive wav of TALKING when he has any
thing to saw.
He has a habit OF closing his ewes
when conyersing. which has long been
, habit of his. and is also noteworthy in
bis son Georee /. whom he is training
as n financier Mr.. Gould's REGARD for
his son a,nounts To devotion. What
aver the voung man saws ia law mr. nj
any rate has his Endorsement and hack
inc Young Mr.. Could is cautious and
w;Iv. like his father. and has won the
latter's confidence and support by
making few mistakes Il was n most
GRATIFYING thing to Mr.. Gould when his
son settled down to business. Young
Mr.. Gould is a hard worker. He is a
sturdier man than his father. Indeed.
he is quite an athlete. and takes the
greater part of the physical strain from
his father.
MIR Gould's financierinp is strange.
He likes to take hold of broken-down
road and reorganize il. He will secure
the property for next to nothing, and
issue A vast amount of new securities
for the ostensible purpose of "putting
it on its feet" in a financial sense.
furnishing compliment and extending il
or building branches to bring additional
business to IT, The old security-holders
will have the right to subscribe for the
new securities at low prices, and then,
when a market is found for them, he
will sell out the new issues at the top
prices. To this plan of stock watering
he adds the other of paving stock
dividends or dividends in scrip which
is convertible into stock. The majority
of Mr.. Gould's security issues have
been in the shape of bonds which are
ALWAYS more saIable than stock. As
bonds can be issued after the stock is,
and be made prior lien to stock. it is
easy enough to see the advantage of
putting bonds on the market.
II has been said that Mr.. Gould never
gave except when he was forced to,
which is probably the fact. He is never
actuated by philanthropic motives in
any thing. 1t is contrary to his nature
Personally he cares nothing for $50
ciety." He would, however, sacrifice
a good portion of his fortune to have
social recognition" on account of his
family. The Goulds, it is generally
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Nos inc ieaS' interesting ming @oou'